She Leads Africa (SLA), in partnership with GTBank and the Work in Progress! Alliance (Oxfam, Butterfly Works and VC4Africa), is inaugurating an accelerator program for women-run businesses aptly called She Leads Africa Accelerator.
SLA supports female entrepreneurs in Africa and this is not the first time they are launching a program beneficial to female entrepreneurs looking to build successful careers and businesses.
The She Leads Africa Accelerator is some sort of sequel to the She Leads Africa Entrepreneur Showcase that happened two years ago.
In the words of co-founder, Afua Osei, â€œthe pitch competition was a great way to find and fund women led businesses but we werenâ€™t able to work as closely with the entrepreneurs as we would have liked and help them hit key milestones. The accelerator will enable us to really focus on key areas the businesses need to improve on.â€
The SLA Accelerator will run for 3 months consisting of one week residencies where entrepreneurs will receive training from the SLA team and business leaders and experts.
The main focus will be on growth, marketing and distribution. The participants will then return home for three weeks, after each residency, to implement lessons they have learned.
During this â€œimplementation processâ€, they will be remotely monitored and also given access to online resources on both the SLA and VC4Africa platforms, so they can reach out for help at any time.
The program will end on Demo Day where participants will pitch their ideas to both local and international investors and compete for N2 million investment from the SLA team.
Still need convincing? Hereâ€™s a message from SLA’s co-founder below:
Interested applicants should visit the SLA website here to get more information and also access the application form. Submissions close on the 31st of May, 11:59pm WAT.